Precious Metals are an integral part of the Industrial Commodities Desk’s offering. We provide direct access to the gold, silver, platinum and palladium markets, together with a high quality execution service through our own exchange memberships and key alliances.

Our Offering

• We offer clients prices for non-delivery in gold, silver, platinum and palladium in the Spot markets and for Forward dates up to twelve months.
  
  
• In addition, we are able to provide pricing for Vanilla options in both gold and silver. We also offer execution only transactions for gold and silver futures contracts through COMEX.
  
  
• We can work client orders 24 hours a day, taking and executing orders based on the London fixing prices for Gold, Silver, Platinum and Palladium.

Precious metals

To view contract specifications:
Gold
Silver
Palladium
Platinum

Gold and silver derivatives have been traded for many years. Market makers in precious metals date back as far as the 1600s. They are fast emerging as an important part of an investment portfolio and the market has seen an increase in investor activity over recent years.

Trading

• Exchange Trading: With increased liquidity and volatility in electronic trading, most intra-day market price movements are governed by futures trading through the COMEX division of the New York Metals Exchange (NYMEX).
  
  
• 'Over the Counter': The London Bullion Market is the main centre for OTC (‘Over The Counter’) precious metals trading, providing Central Banks, consumers, producers and investors with a wide range of products and services. Unlike a futures exchange, participants in the market deal with each other on a principal-to-principal basis and are not restricted to standard contract sizes or settlement dates.

The cash market, more commonly known as the Loco London spot market is represented by the LBMA (London Bullion Market Association), of which Sucden Financial is a member. The loco market establishes daily spot 'fixes' which are used as a pricing basis by the physical trade around the world.

If you would like to find out more about the benefits of dealing with Sucden Financial in bullion please telephone us on +44 (0) 20 3207 5430.